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India to set maximum penalty for violating crypto norms at fine of $2.7 million or 1.5 years in jail
7.12.2021
The country wishes to see all crypto activities take place on platforms regulated by SEBI
Major Indian bank breaks ‘banking ban’ with WazirX crypto exchange deal
6.12.2021
Indian banks have reportedly been slow to accept the Supreme Court's decision allowing them to do business with crypto firms
China’s Hainan Province Ramps Up Crackdown on Crypto Mining Operations
5.12.2021
The province of Hainan in South China has taken steps aimed at curbing crypto mining activities. Besides blacklisting the industry, local authorities are also introducing higher electricity rates for the mining enterprises that continue to operate in the region. Hainan to Ensure Crypto Miners...
Berkshire’s Charlie Munger Praises China for Banning Crypto — Wishes Crypto Had Never Been Invented
5.12.2021
Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, says China did the right thing to “ban” cryptocurrencies, including bitcoin. He wishes that cryptocurrencies had never been invented, emphasizing that he will not participate in the crypto boom....
India’s Cabinet Note Indicates No Crypto Ban — Government Will Regulate Crypto Assets: Report
3.12.2021
India is no longer planning to ban cryptocurrency, a cabinet note circulated by the government reportedly indicates. Activities relating to crypto assets will be regulated by the Securities and Exchange Board of India (SEBI). Crypto Will Not Be Banned in India, Cabinet Note Indicates Despite...
Russia to Decide Fate of Crypto Exchangers in 2022
3.12.2021
Discussions on the future of “virtual currency exchangers” in Russia should be completed in 2022, a high-ranking representative of the country’s financial watchdog has indicated. Following international standards, authorities in Moscow would have to either regulate or ban such...
Indian Crypto Bill To Regulate, Not Ban 'Private Cryptocurrencies' - Report
3.12.2021
As India’s authorities are advancing their work on new crypto-related legislation, a document released by the Indian government indicates that private cryptocurrencies will be regulated rather than banned, contrary to earlier suggestions.
A cabinet note on the proposed cryptocurrency bill says...
Cabinet note suggests India will regulate, rather than ban, crypto
3.12.2021
Indian crypto investors will reportedly be given a certain time frame to declare their crypto holdings, and must then hold their assets on crypto exchanges regulated by SEBI
Chinese crypto ban poses no threat to local industry media, sources say
2.12.2021
Chinese crypto media are reportedly keeping a low profile on their websites and are focusing on growing communities on Twitter and Telegram
No, Facebook Has Not Reversed Its Crypto Ad Ban
2.12.2021
Meta, the parent company of social media giants Facebook and Instagram, has recently updated its eligibility criteria for running crypto ads, adding a total of 24 more regulatory licenses to its list of accepted licenses.
While the move marks progress in Facebook's long-standing policy that barred...
Twitch Is Now Using Machine Learning To Target Ban Evaders
1.12.2021
Twitch is about to roll out a new tool called Suspicious User Detection, which aims to do exactly what it says on the box: try and detect users who are being suspicious. More specifically, those trying to evade existing bans. Read more
India misinterpreted private crypto ban, says crypto bill creator
30.11.2021
India's former finance minister Subhash Garg clarified that "it is misleading to say that private cryptocurrencies will be banned."
Hedera and Korea's Shinhan Bank partner on KRW stablecoin pilot
30.11.2021
A new proof-of-concept will be tested to send fiat-backed stablecoins between banks to reduce fees and transaction times on international payments
Law Decoded: India ponders going full China on crypto, Nov. 22–29
29.11.2021
The world's sixth-largest economy could adopt a hardline stance against decentralized cryptocurrencies as soon as this winter
Indian Government Answers Questions on Bitcoin Transactions, Karnataka Scam, Legality of Crypto Trading
29.11.2021
The Indian government has answered three sets of questions in parliament regarding bitcoin transactions, the high-profile bitcoin scam in Karnataka, and the legality of cryptocurrency trading and crypto exchanges in India. Meanwhile, the winter session of parliament has begun and a crypto bill...
Ban or No Ban: Conflicting Reports on Crypto Regulation Coming Out of India
26.11.2021
Ever since the Indian government listed a cryptocurrency bill to be taken up in parliament during the upcoming session that starts next week, much debate has transpired about whether the government will ban cryptocurrencies, such as bitcoin and ether. Crypto Regulation Is Coming but There...
Experts divided on how far India's 'private crypto' ban will go
25.11.2021
Previous documents from the Indian government indicate that it believes any cryptocurrencies not issued by the government are considered private, and therefore could be banned
India Lists Cryptocurrency Bill to Be Taken up Parliament — Crypto Legislation Expected Before Year-End
24.11.2021
The government of India has listed a cryptocurrency bill to be taken up in the upcoming session of parliament that starts next week. The bill seeks to prohibit cryptocurrencies with some exceptions. It will also create a facilitative framework for a digital rupee to be issued by the Reserve Bank...
India's Soap Opera Continues: CBDC Plan, 'Private Crypto' Ban, Some Trading Maybe
24.11.2021
Adding to the uncertainties surrounding the future of cryptocurrencies in India, the country’s government has released a description of a forthcoming legislative proposal that would prohibit private crypto and would allow the Reserve Bank of India (RBI), the country’s central bank, to create...
Crypto prices in India tumble after crypto bill announced
24.11.2021
The token prices on the Indian crypto exchange WazirX crashed following the announcement of a bill that would ban all private crypto